The National Federation of Independent Businesses released its optimism index for May which increased to 92.2 from 90.6 in April. Seven of the indexÃ¢â‚¬â„¢s 10 components increased and three declined.
Ã¢â‚¬Å“The small business sector is showing some signs of new life,Ã¢â‚¬Â William Dunkelberg, the groupÃ¢â‚¬â„¢s chief economist, said in a statement. Ã¢â‚¬Å“Still, overall, the index and its components remain in recession territory. The small business sector is in maintenance mode, not growth, but it has definitely lifted off the bottom.Ã¢â‚¬Â
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.